In my retirement account I have a Rollover IRA from a former employer, a Roth IRA, and also a traditional (nondeducted) IRA, all are in separate accounts — I understand that tax rules don’t allow comingling of funds with different rules (like Roth vs. Traditional.) If I convert my Rollover and traditional IRAs to Roth, then all the different accounts would be under the same rules. Will I then be able to combine/comingle those acconts, so all the funds are in one big account?

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I have several IRA’s that are all funded with after tax contributions and have not been deducted from any tax return. Can I convert then in 2010 to a Roth without any penalty or tax payments?

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Roth IRA and Taxes: What are fees fees for college expenses?

by Roth IRA Answer Gal on July 6, 2010

I have been researching the Roth IRA, and I have found that there are no penalties for withdrawing for college, but also that these withdrawals are subject to taxes. What are these taxes, and how much do they cost?

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I have several IRA’s that are all funded with after tax contributions and have not been deducted from any tax return. Can I convert then in 2010 to a Roth without any penalty or tax payments?

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